PEPE rises 9% to $0.00000502 on heavy short liquidations
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4 Articles
PEPE Builds Upside Momentum as Retail Demand Strengthens Across the Market
Retail demand remains strong as PEPE futures Open Interest rises steadily. Declining exchange supply suggests reduced selling pressure across the market. Triangle breakout above $0.00000476 could target higher resistance levels. PEPE is beginning to gain attention again after recovering from a recent pullback. Although price action remains trapped inside a consolidation pattern, buyers continue to show interest. Retail traders appear to be leadi…
PEPE increases 2.94% in the quotation provided and records a much higher daily volume than its average, in a context of recovery of memecoins described by the press of the sector. The technical structure improves, but the price remains low the VWAP intraday and Bollinger bands warn of a short-term extension. The balance favors maintaining positions with risk limits and waiting confirmation before pursuing the rebound.
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